News

Millions of Bitcoins Stolen by Hackers

February 23, 2015 Security Suite

Hackers stole approximately $5 million in bitcoins after breaking into the European bitcoin exchange Bitstamp® during the first weekend in January. ComputerWorld® reported that Bitstamp’s operational hot wallets were the target. Hot wallets provide customers with an instant exchange of bitcoins over the Internet. According to Bitstamp®, customers’ bitcoins remain safe and their bitcoin balances will be honored in full. Law enforcement officials are investigating.

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